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Markets

US stocks: Nasdaq ends sharply lower as hot inflation data stirs rate-hike worries

viaeconomictimes.indiatimes.com14 Oct
US stocks: Nasdaq ends sharply lower as hot inflation data stirs rate-hike worries
US inflation data for September shows an unexpected rise due to increased gasoline costs and broader price pressures. As a result, the Nasdaq index closed sharply lower, influenced by concerns over potential interest rate hikes. Major AI-related stocks, including Oracle and CoreWeave, experienced…

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